Falcon Global Capital, the world’s first investment fund focused on virtual currencies, is sending CEO Brett Stapper to Washington to convince Congress that Bitcoin is the future of currency. Actually, you might say that since Stapper is the CEO, he is sending himself. According to The Hill, Brett Stapper filed paperwork last week to lobby on behalf of the popular virtual currency to both Congress and federal regulators. Stapper confirmed to Bank Innovation today that he has submitted paperwork to lobby on behalf of Bitcoin, and explained why he found it necessary to start talking to politicians and regulators about supporting and embracing Bitcoin: I first got the idea when I was in DC speaking at a conference on May 5 and 6. I decided to reach out and speak to a number of congressmen, and I was very disturbed by what they thought of Bitcoin — a renegade PayPal used for drugs and weapons. My goal is to educating them – almost everyone I’ve spoken to changes their mind once they get it. Once the light bulb goes off, they understand the potential impact Bitcoin can have. Stapper isn’t the first lobbyist in DC discussing Bitcoin. Recently, MasterCard hired […]
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